The Swiss powerhouse Arklyz AG has successfully completed the acquisition of LLOYD Shoes GmbH from Ara AG, marking a significant milestone in its strategy to diversify its portfolio and enhance its presence in the global sport and lifestyle market. With a rich history stretching back over a century, LLOYD Shoes is a prestigious German premium shoe brand known for its superior quality and modern yet classic design. The acquisition will allow LLOYD to leverage Arklyz’s extensive resources and global reach to further strengthen and expand its wholesale, omnichannel, and international business. Maintaining its headquarters in Sulingen, Germany, LLOYD will continue operating under its established brand while exploring innovative strategies to broaden its product range, deepen customer engagement, and expand market reach. Param Singh, owner and CEO of Arklyz AG, expressed enthusiasm about collaborating with the talented LLOYD team to inject new energy into the brand and elevate it to a globally appealing lifestyle brand. Andreas Schaller, Managing Director of LLOYD Shoes, highlighted the significant opportunity this partnership presents for LLOYD to extend its global presence and accelerate growth initiatives. The acquisition was completed after receiving all necessary regulatory approvals, with financial terms remaining confidential.
Fashion and Apparel, Private Equity and Venture Capital, Sports and Lifestyle,Germany, Switzerland
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